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Business investor/partner

pebbles21 · 2010-03-03 18:40:02

Hi all Any ideas where i could find an investor in a venture i stumbled on lately Im already in a similar business to the one i came across and know plenty of customers who will purchase this product My only problem is most of my money is tied up in the existing business i have and at the moment have no way of releasing it…

03-03-2010 6:40pm

#1

pebbles21

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Hi all

Any ideas where i could find an investor in a venture i stumbled on lately

Im already in a similar business to the one i came across and know plenty of customers who will purchase this product

My only problem is most of my money is tied up in the existing business i have and at the moment have no way of releasing it

BTW this business has a potential of turning over in excess of €1 million in the first year with an initial investment of approx €60k

Thanks in advance

1

Comments

#2 03-03-2010 8:36pm

Axwell

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I would imagine anyone investing would be more interested in profit than the turnover. Based on your similar business would you have estimates on the profit someone would make on their 60k investment?

There was a thread here a few weeks ago about VC's and Business Angels if you go back through the threads a few pages, might find some useful info in it.

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#3 03-03-2010 8:41pm

shoutman

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Please follow the rules set out in this thread.
http://boards.ie/vbulletin/showthread.php?t=2055838808

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#4 03-03-2010 8:57pm

pebbles21

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Axwell wrote: »

I would imagine anyone investing would be more interested in profit than the turnover. Based on your similar business would you have estimates on the profit someone would make on their 60k investment?

Fair question,i would imagine you would make 25-30k profit on your 60k in the first year

0